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Signs of Trump's Willingness to End Iran War Without Reopening of Strait of Hormuz Lift US Equity Futures Pre-Bell
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Signs of Trump's Willingness to End Iran War Without Reopening of Strait of Hormuz Lift US Equity Futures Pre-Bell
Mar 31, 2026 6:02 AM

08:33 AM EDT, 03/31/2026 (MT Newswires) -- US equity futures were higher pre-bell Tuesday amid signs of President Donald Trump's willingness to end the Iran war without the reopening of the Strait of Hormuz.

Dow Jones Industrial Average futures, S&P 500 futures, and Nasdaq futures were all up nearly 1.1%.

The Wall Street Journal reported late Monday that Trump has told administration officials that he is prepared to conclude the US military campaign against Iran even if the key waterway for crude shipments remains largely shut.

US markets will be closed on Friday for the Good Friday holiday.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.7% at $108.03 per barrel and US West Texas Intermediate crude 0.9% higher at $103.79 per barrel.

The January Federal Housing Finance Agency house price index, scheduled for release at 9 am ET, is expected to show a 0.1% increase in prices to match the preceding month's gain, according to estimates compiled by Bloomberg.

The March Chicago Purchasing Managers' Index, slated for 9:45 am ET, is seen coming in at 55.0 versus 57.7 previously.

The March consumer confidence index, due at 10 am ET, is projected to fall to 87.9 from 91.2, while February job openings from the Department of Labor's Job Openings and Labor Turnover Survey are expected to come in at 6.890 million compared with 6.946 million in the prior month.

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